Investing.com -- Brevan Howard Asset Management, a macro hedge fund specialist, is reducing the risk limits for its traders in the wake of a performance slump that has eliminated the gains achieved last year. The firm’s CEO, Aron Landy, has implemented these defensive measures in response to rising volatility and market instability, according to a report from Bloomberg, citing sources who wish t ...
Wednesday saw shares of Rheinmetall (ETR:RHMG) AG leap following earnings results and comments from the company’s CEO regarding the potential conversion of Volkswagen (ETR:VOWG_p)’s Osnabrueck factory for military production. As Volkswagen explores options for the future of the site, Rheinmetall’s interest in repurposing or acquiring automotive plants under the right conditions has come to ...
Investing.com -- Spotify Technology SA (NYSE:SPOT) has renewed its contract with popular podcast host and media executive Bill Simmons, according to Bloomberg News. The announcement was made on Wednesday, confirming that Simmons will remain with the Swedish audio streaming giant for at least the next two years.Simmons, aged 55, will continue to produce his signature show, which covers topics on ...
(Reuters) - A routine night shift ended in tragedy for Alseny Camara.The 32-year-old was working for a Chinese subcontractor building a railway to reach Simandou - the world’s largest new iron mining complex, which is being developed by Anglo-Australian mining giant Rio Tinto (NYSE:RIO) and its partners in West Africa.Camara was unloading 1.3-tonne-bags of coal ash when the forklift he was opera ...